Matrix Planning Inc

CRD#110812
Investment Advisor Firm

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Learn more about Matrix Planning Inc

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Matrix Planning Inc is located at 3015 Main Street, Santa Monica, CA. The firm employs 1 financial advisor to manage client portfolios and provide financial guidance. Matrix Planning Inc is not a registered broker-dealer.

    Matrix Planning Inc oversees $118.4 million in assets under management across 85 accounts, of which 32 are discretionary and 53 are non-discretionary. The services offered include financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. The firm caters to high net worth investors and pooled investment vehicles, with high net worth investors being the largest client type by accounts. The fee structure at Matrix Planning Inc includes hourly, fixed, and other fees. The firm has 16 high net worth clients.

    Matrix Planning Inc is registered in the state of California.

    Assets Under Management

    $118.4 million

    Number of Advisors

    1

    Disclosures

    No

    Office Location

    3015 Main Street
    Santa Monica, CA 90405

    Matrix Planning Inc by the Numbers

    Total Assets Under Management

    $118.4 million

    National Average: $8.6 billion
    Total Number of Employees

    3

    National Average: 64
    Total Number of Accounts

    85

    National Average: 375,227
    Average Account Size

    $1.4 million

    National Average: $23.0 thousand
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    Products and Services

    Matrix Planning Inc provides multiple financial services, including financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. However, Matrix Planning Inc did not provide any of its clients with financial planning services in the previous financial year. The Company does not sell products or offer services aside from investment advisory services to its investment advisory clients.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Find a firm that offers this service

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Find a firm that offers this service

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Fees charged by financial advisors usually are based on which service is provided. Fees charged by Matrix Planning Inc most likely consist of any combination of the following fee structures: hourly, fixed, or other.

    Available

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 69% of firms that offer this fee type

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

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    Types of Clients

    The firm works with high net worth investors and pooled investment vehicles. Out of its 2 clients, Matrix Planning Inc's largest client type by number of accounts is high net worth investors, though it also serves 16 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 in AUM or a net worth of at least $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 94.12%
    • Other Individuals - 0%
    • Corporations - 5.88%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Matrix Planning Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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